03.10.2023
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The multi-candle figure 'triple bottom' is forming. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the breach of the ascending wave structure, where the A wave breaches the 0.67164 (pivot of the descending structure).
Stop-Loss: 0.67000.
Target price levels: 0.67500, 0.68000.
#cadchf #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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